FIRST TRUST ALT ABS RET ETF (FAAR) Stock Technical Analysis
USA - NASDAQ:FAAR - US33740Y1010 - ETF
We assign a technical rating of 6 out of 10 to FAAR. Although FAAR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, FAAR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
25.75
We found 3 important support areas.
- A support zone ranging from 29.78 to 30.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @28.75 from a horizontal line in the daily time frame.
- Support @26.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.90 to 30.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FAAR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAAR is up. |
| ChartMill Relative Strength | 62.37 | NEUTRAL | FAAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FAAR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.44 | NEUTRAL | The RSI value for FAAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FAAR has a positive trend. |
| Stochastics (14,3) | 31.67 | NEUTRAL | The Stochastics value for FAAR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for FAAR suggests low volalility. |
| Average Directional Index/ADX (14) | 41.86 | POSITIVE | The high ADX value value for FAAR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.91 | 29.85 | 1.06 (3.41%) | 25.00% |
| An entry @30.91. This is a Buy Stop order right above the resistance zone. | An exit @29.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.06 points, which is 3.41%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FAAR (10/24/2025, 8:21:48 PM)
30.574
-0.14 (-0.44%)
FIRST TRUST ALT ABS RET ETF / FAAR FAQ
Can you provide the ChartMill technical rating for FIRST TRUST ALT ABS RET ETF?
ChartMill assigns a technical rating of 6 / 10 to FAAR.
What is the current trend direction of FIRST TRUST ALT ABS RET ETF (FAAR) stock?
The current trend direction for FIRST TRUST ALT ABS RET ETF (FAAR) is Bullish.
What is the RSI signal for FAAR stock?
FIRST TRUST ALT ABS RET ETF (FAAR) has an RSI value of 55.444. This indicates that the stock is currently neutral.
What is the MACD signal for FAAR stock?
The MACD indicator for FIRST TRUST ALT ABS RET ETF (FAAR) has a value of 0.00731827, indicating a bearish trend.
Can you provide the short term momentum for FIRST TRUST ALT ABS RET ETF?
The short term momentum for FIRST TRUST ALT ABS RET ETF (FAAR) is positive.